On March 27, Chris Solarz, Chief Investment Officer of Amitis Capital digital assets, stated that now is the golden age of crypto hedge fund investments.

Solarz noted that the crypto market is still in its early stages, and fund managers can even use trading strategies from traditional finance (TradFi) hedge funds when they first emerged 35 years ago. In 1990, there were only 127 hedge funds globally, managing approximately $39 billion in assets; by 2024, this number has soared to over 10,000 companies managing $50 trillion. In other words, the traditional market has become extremely competitive, making it exceptionally difficult to outperform the market.

Solarz candidly said: "I've met 20 crypto fund managers... 19 of them are not qualified to manage money, with many being young and inexperienced. They say 'we invest in Bitcoin, Ethereum, and Solana', and I would ask 'why should I pay you a 20% management fee?' When I pay a 20% fee, I want something more than what I could buy in an ETF."

Solarz believes that asymmetric opportunities will continue to exist before crypto technology is fully integrated into the financial system. Just as no one now calls themselves an "internet company employee", there will be a day when "crypto" is no longer viewed as a separate field—perhaps when Bitcoin's market value catches up with gold, which he predicts could happen within a decade.

It is understood that Chris Solarz previously managed nearly $8 billion in asset allocation at the investor advisory firm Cliffwater.